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, india and china. india and china have over the last five years ranked among the top 40 most improved in terms of easing the regulatory burden they impose on their own business classes. >> they embarked on a program of deregulation but still have a lot left. i suspect they will continue to be on a deregulatory track. >> in 2010 and for the fifth consecutive year the world bank's annual doing business survey, which ranks 1 -- 183 economies found singapore to be the friendlyiest regulatory environment followed by hong kong, new zealand, the united kingdom, then the united states. this fifth place ranking represents a decline for the u.s. which placed third in 2009. trend has seen 85% of the world's economies over the last five years take steps to make it easier for entrepreneurs to operate. last year 61 countries fared better than the u.s. in terms of tack burr >> the regulatory burden that the -- the united states imposes on is business class where do we fall? >> if you had asked me this 10 years ago i would have told you america is the place to start a business. it is not true any mor
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